Sales Tax Instructions

Sales

SalesTaxInstructions, 2009 the SalesTax Act, 1990. However, all goods which have not been specifically exempted under the Sixth Schedule to the SalesTax Act, 1990 or any notification issued thereunder, are liable to tax. 2. Since no exemption is presently available on import of paper, sales tax is to be paid on its import. It may be mentioned that, under S.No. 20 of the Sixth Schedule to the SalesTax Act, 1990, the Holy Quran, complete or in parts, with or without translation, audio and video cassettes recorded with Quranic verses and other holy books are exempt from sales tax. [Issued by the CBR, Islamabad under the signature of Dr. Ashfq Ahmed Tunio,Secretary,(ST-L & P) addressed to M/s Qudrat Ullah & Co. Copy endorsed to all the Collectors of SalesTax.] ******** C.No.1/57-STT/97-Pt DATED 14 TH NOVEMBER, 2001 SUBJECT:- LEVY OF SALES TAX ON SUPPLIES OF UNSOLD STOCK HELD BEFORE 2.9.2001 MADE BY IMPORTERS AND MANUFACTURERS OF FERTILIZER OTHER THAN UREA FERTILIZER. I am directed to refer to your letter dated 31 st October, 2001 on the subject cited above and to say that sales tax exemption was withdrawn from fertilizers other than urea fertilizers on 2 nd September, 2001. There is no exemption on supplies of such fertilizers made by a manufacturer or importer, even if the goods were imported or manufactured before withdrawal of exemption. Thus, unsold stocks lying with manufacturers and importers on 1 st September, 2001 are liable to sales tax on their supply.